Wal-Mart's Other Path to Indian Consumers

Wal-Mart Stores' problems in India have so far been a byword for the emerging economy's perils. But to some extent, its latest move in India suggests one area of promise.

The world's largest retailer by sales became Indian politicians' favorite punching bag two years ago, when New Delhi decided to keep foreign retailers away to protect mom-and-pop stores. Even after foreigners were let into this sector last year, the government...